menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 12: Analyzing and Interpreting Financial Statements
  5. Question
    Which of the Following Is Most Likely to Be Classified
Solved

Which of the Following Is Most Likely to Be Classified

Question 11

Question 11

Multiple Choice

Which of the following is most likely to be classified as an unusual item?


A) An expropriation of land by the local government.
B) A discontinued operation
C) A gain on the sale of capital assets.
D) Investment income

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Which of the following actions by a

Q7: Entwhistle Ltd.supplied the following information for

Q8: A common size analysis of the balance

Q9: Kang's management has the option of converting

Q10: Which of the following statements regarding high

Q12: What are revenues, expenses, gains and losses

Q13: Which of the following is a benefit

Q14: A company had accounts payable at the

Q15: What is Wang's gross margin closest to?<br>A)6.25%<br>B)10.4%<br>C)13.8%<br>D)19.4%

Q16: The following information is from Drayton

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines